Bucks Fizz’s Cheryl Baker discusses financial struggles during lockdown

‘We are all trying to make a living’: Bucks Fizz’s Cheryl Baker, 66, reveals she hasn’t performed in months and is recording videos for fans to make extra income By Sean O’grady For Mailonline Published: 09:57 GMT, 17 February 2021 | Updated: 10:07 GMT, 17 February 2021 Cheryl Baker has discussed her financial struggles during … Read more

Financial compensation bill to hit £1bn after a spike in failed firms

Investors could face higher bills after compensation bill for victims of mis-selling and collapsed firms tops £1bn By Rachel Rickard Straus For The Mail On Sunday Published: 11:46 GMT, 14 February 2021 | Updated: 11:46 GMT, 14 February 2021 Savers and investors face higher product and advice charges this year as a result of a … Read more

Financial misery stalks one in four households as money problems during pandemic are revealed

Financial misery stalks one in four households as the money problems facing millions during Covid-19 pandemic are revealed in new report Report by Financial Conduct Authority revealed extent of UK’s financial position Quarter of population would struggle with change such as £50 drop in income One in three households in the UK expect their income … Read more

The internet debt sharks preying on the financial victims of Covid

Desperately worried about debt, you go online to find help. Only you are not signposted to the charities who offer free advice. Instead, you are bombarded with adverts and websites set up by insidious imposters looking to make money from your misery. They say they can write off almost all your debt in a few … Read more

Airport chiefs: We need financial support NOW

Airport chiefs: We need financial support NOW as travel industry faces a deepening crisis Heathrow, Gatwick and Manchester bosses warn they are losing £50m a week The trio are calling for urgent help from the Government to avoid more job losses By Harriet Dennys For Financial Mail On Sunday Published: 22:16 GMT, 6 February 2021 | … Read more

Foxtons ‘knew that financial details had been published on dark web’

Estate agent Foxtons ‘knew that financial details of 16,000 customers had been published on dark web by hackers but did not tell their clients’ Foxtons allegedly did not inform customers that their data was on the dark web  It was reportedly informed about publication of details by a customer last month  Investigation ‘found 16,000 card … Read more

New mortgage approvals hit a high not seen since financial crisis in 2020

Mortgage approvals for house purchases hit their highest level since the financial crisis last year, as the stamp duty holiday and socialising restrictions kept buyers engaged with their search for a new home.  There were a total of 103,400 approvals for new mortgages in December 2020, bringing the total for 2020 up to 818,500, according … Read more

RUTH SUNDERLAND: Covid changing old financial order

RUTH SUNDERLAND: The financial system is changing, accelerated by Covid, which has sped up dismantling of old-style banking and use of fintech The WallStreetBets is problematic for all regulators because it isn’t clear whether the mass-trading amounts to market manipulation  To a young generation of day traders, anything seems possible  Beneath the anarchic behaviour, WallStreetBets … Read more

How do you check you are dealing with a REAL financial firm. not a clone?

City watchdogs have issued an alert about the boom in ‘clone fraud’, where scammers pass themselves off as well-known finance firms to steal cash from savers. People find it hard to tell scam investments apart from real products, because the fraudsters use sophisticated ruses to imitate legitimate financial providers. Clone scammers cheated savers out of … Read more

How minnows sank the Wall Street sharks: It’s the most astonishing financial story for years.

Most City share-tippers would be unlikely, you might think, to recommend putting your money on a chain of bricks-and-mortar video game shops. Lockdowns have ravaged the High Street, non-essential shops are closed in many countries — and electronic retailers such as Amazon dominate the online space with very competitive prices. And yet if, a few … Read more